Deutsche Bank Maintains Hold on Papa John's International, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lauren Silberman maintains a Hold rating on Papa John's International (PZZA) and lowers the price target from $77 to $58.
May 10, 2024 | 4:33 pm
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Deutsche Bank has maintained its Hold rating on Papa John's International but reduced the price target from $77 to $58, indicating a more cautious outlook on the stock's value.
The reduction in price target by a significant margin suggests that Deutsche Bank analysts see less upside potential or increased risks that could dampen the stock's performance in the short term. This could lead to negative investor sentiment and potentially lower stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100